Before the Great Depression of the 1930s, Most Economists Believed

Multiple Choice

Before the Great Depression of the 1930s, most economists believed that

A) only active government policy could prevent recessions or inflation.
B) a capitalist economy had a natural tendency to cure recessions or inflation.
C) a capitalist economy had a natural tendency to inflation.
D) recessions and depressions were inevitable until the economy broke down completely.